While exploring a cave with low health I was trying to eat a cooked beef to restore it, which while I was doing it I was shot by a Skeleton.

After death the animation continued as I kept clicking the right mouse button.
Also. as I had KeepInventory set to true, I expected the item to remain on the inventory, which to my surprise it did not. Unaware if the item would also be consumed if the flag was set to false instead (making the items drop to the floor), but assume it would.